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The Benefit of a Price Ceiling to ________ Is ________

Question 148

Multiple Choice

The benefit of a price ceiling to ________ is ________.


A) producers; the selling price of the product is above the equilibrium price
B) producers; the ceiling creates excess demand
C) consumers; the selling price of the product is below the equilibrium price
D) consumers; the ceiling creates excess supply

Correct Answer:

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